On February 7, 2007, Rambus Inc. (“Rambus”) issued a press release announcing that, on February 6, 2007, the Nasdaq Listing and Hearing Review Council notified the Company that the Company’s common stock will continue to be listed on The NASDAQ Global Select Market pending a stay and a review by the NASDAQ Listing and Hearing Review Council of an earlier decision of the NASDAQ Listing Qualifications Panel, dated January 19, 2007.Rambus Inc. press release.
The Listing Council has requested that the Company make an additional submission for its consideration by March 30, 2007. The Listing Council will then review the matter on the written record. While the Company’s shares will remain listed on NASDAQ pending the completion of the Listing Council’s review, there can be no assurance that the Listing Council will determine that the Company should remain listed on NASDAQ subsequent to such review.
One potato, two potato, three potato, err, what's next? Heck, let's call the compensation committee and see if they can help us now that they have passed out another round of options . . . .
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